Paradise Palms – Luxury Caye Caulker House with Two Rental Apartments

Property Description

Paradise Palms is a truly remarkable property in the heart of Caye Caulker, a luxurious concrete home with a unique feature – 2 rental apartments for added versatility.

This exceptional residence was meticulously designed by a renowned structural engineer in Belize City and built with high-quality imported building materials, ensuring top-notch quality and compliance with the highest standards.

Property Highlights

Discover the epitome of island living with Paradise Palms, a prestigious Caye Caulker residence featuring a stunning home and two lucrative rental apartments.

Crafted for luxury and functionality, this property boasts meticulous construction with a durable pile foundation and 8 & 10-inch solid block exterior walls.

Enjoy seamless indoor-outdoor living with an outdoor kitchen, wood-fire smoker, and grill. The whole house Generac backup generator ensures uninterrupted power, and the property is engineered for a potential third floor.

With recent upgrades, security features, and a prime location, this turnkey investment offers a unique blend of elegance and income potential.

Key Features

Pile Foundation Construction:

Executed by a well known engineering company, the foundation is driven to bedrock using a 25-ton crane, providing unparalleled stability and longevity.

Underground Utilities:

All utilities are intelligently concealed in Schedule 40 conduit, ensuring a clutter-free aesthetic and easy maintenance.

Insulated Structural Panel Flooring Forms:

Enjoy energy efficiency with R-25 insulation in both floors and ceilings, providing comfort and cost savings.

Premium Materials:

The residence boasts Anderson Windows imported from the U.S., Maple Kitchen Cabinets imported from the U.S., and Solid Pine Doors, enhancing both aesthetics and durability. Many of the building materials were purchased and shipped from the U.S. to ensure the highest quality.

Solid Block Construction:

The exterior walls are 8 & 10 inches thick, reinforced with steel, ensuring robustness and longevity.

Engineered for Expansion:

The property is engineered for a potential 3rd floor, with all utilities already stubbed to the roof.

Outdoor Amenities:

Revel in the outdoor kitchen complete with a wood-fire smoker and grill and the large rooftop terrace, perfect for entertaining guests.

Backup Power:

A Whole House Generac backup generator with autostart guarantees uninterrupted electricity for the main house within 11 seconds of a power outage.

Additional Rental Units:

Two efficiency apartments with separate electric metering, full baths, and kitchenettes offer income potential.

Workshop and Storage:

The first-floor workshop and storage area can be converted into a third apartment, adding to the property’s versatility.

Security and Privacy:

A block rear yard wall with pile foundation, along with a perimeter yard fence featuring a power gate opener, ensures security and privacy.

Maintenance and Upgrades:

The property has seen recent upgrades, including all new AC units and water heaters in both the house and apartments.

Lot Size and Expansion Opportunity:

The lot measures 55×110 ft., with the additional perk of having access to an adjacent 55×110 ft. lot (subject to availability) and right of first refusal if the owner decides to sell it.

Furnishings Included:

The sale includes all furniture, fixtures, and appliances in the house and apartments, making it a turnkey investment.

Location

Situated in a prime location on a dead-end road in the heart of Caye Caulker, this property provides easy access to the island’s charming cafes, restaurants, shops, and beautiful Caribbean waters. Embrace the island lifestyle while being just minutes away from the main attractions.

Investment Opportunity

Home and apartments are currently rented long term, but you could easily convert the home and the apartments to short-term vacation rentals to maximize your rental income.

An opportunity to live on the island and run the rental business, or invest and keep the current rental management company.

This property, a testament to meticulous construction and thoughtful design, is a rare opportunity in the Caye Caulker real estate market.

Don’t miss the chance to own a residence that seamlessly combines luxury, functionality, and potential for additional income.